Looking to diversify beyond CAMX? The ETFs below have the lowest correlation with CAMX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CAMX.
Best Diversifiers for CAMX
350 ETFs have low correlation with CAMX (below 0.3), 47 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.33, roughly unchanged from -0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.34 | — | 60 | Inverse Equities, Leveraged Equities | CAMX vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 53 | Inverse Equities | CAMX vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 65 | Derivative Income | CAMX vs WNTR | |
| ProShares UltraShort Yen | -0.26 | -0.10 | — | 75 | Leveraged Currency | CAMX vs YCS | |
| United States Gasoline Fund LP | -0.25 | -0.03 | — | 72 | Oil & Gas | CAMX vs UGA |
See all 2058 diversifiers for CAMX
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